Tuesday, September 27, 2011

DailyMarkets.com - Britain’s CBI Realized Sales Decline Unexpectedly

DailyMarkets.com - Britain’s CBI Realized Sales Decline Unexpectedly


Britain’s CBI Realized Sales Decline Unexpectedly

Posted: 27 Sep 2011 03:15 AM PDT

Forexpros – Retail sales in the U.K. unexpectedly declined in September, falling to the lowest level since May 2010, industry data showed on Tuesday.

In a report, the Confederation of British Industry said the result of its index of U.K. retailers fell by one points to minus 15.0 in September from a reading of minus 14.0 in August.

Analysts had expected the index to hold steady at minus 14.0.

On the index, a reading above zero indicates higher sales volume, below indicates lower.

The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Corn Futures Climb To 3-day High On U.S. Crop Concerns

Posted: 27 Sep 2011 03:07 AM PDT

Forexpros – Corn futures were up for a second day on Tuesday, climbing to a three-day high after a government report showed that U.S. corn crop conditions deteriorated last week, adding to concerns over tightening U.S. supplies.

On the Chicago Mercantile Exchange, corn futures for December delivery traded at USD6.5988 a bushel during European morning trade, surging 1.83%.

It earlier rose by as much as 2.12% to trade at USD6.6162 a bushel, the highest price since September 22.

The U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


European Stocks Rally On EFSF Hopes; DAX Surges 3.3%

Posted: 27 Sep 2011 02:42 AM PDT

Forexpros – European stock markets rallied on Tuesday, as hopes that euro zone policy makers will act to support the region's struggling economy helped lift sentiment, boosting shares in the financial sector.

During European morning trade, the EURO STOXX 50 rallied 3.1%, France's CAC 40 climbed 2.9%, while Germany's DAX 30 jumped 3.3%.

Market sentiment was supported by speculation that euro zone leaders are considering ways to beef up the euro zone’s bailout fund, the European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil, Gold Corrections Of Post-FOMC Losses Still Playing Out

Posted: 27 Sep 2011 02:42 AM PDT

Talking Points

Crude Oil to Extend Gains as Risky Assets Continue to Rebound
Gold Staging a Recovery but a Larger Selloff is Hinted Ahead

WTI Crude Oil (NY Close): $80.24 // +0.39 // +0.49%
Crude prices are sailing higher along with S&P 500 stock index futures ahead of the opening bell on Wall Street as the upward correction across the spectrum risky assets continues. The newswires are attributing the optimism to rising confidence in the emergence of some sort of a viable action plan to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Higher Vs. Rivals Amid Lingering E.Z. Concerns

Posted: 27 Sep 2011 01:55 AM PDT

Forexpros – The U.S. dollar was higher against most of its major counterparts on Tuesday, as market sentiment strengthened but comments by Spain’s finance minister weighed on the euro.

During European morning trade, the greenback was up against the euro, with EUR/USD sliding 0.16% to hit 1.3512.

The euro dipped after Spain’s finance minister Elena Salgado said plans to enlarge the euro zone's bailout fund to EUR2 trillion were not on the table.

Also Tuesday, a report showed the GfK index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil Futures Hit 3-day High On Hopes For EU Debt Plan

Posted: 27 Sep 2011 01:33 AM PDT

Forexpros – Crude oil futures were up for a second day on Tuesday, climbing to a three-day high on hopes that euro zone policy makers will act to support the region's struggling economy and provide a solution to the ongoing debt crisis in the single currency bloc.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at USD82.53 a barrel during European morning trade, rallying 2.85%.

It earlier fell as much as 2.93% to trade at USD82.60 a barrel, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Off 4-day High As Euro Zone Concerns Weigh

Posted: 27 Sep 2011 01:17 AM PDT

Forexpros – The pound was down against the U.S. dollar on Tuesday, retreating from a four-day high, tracking the euro lower as concerns over the ongoing debt crisis in the euro zone weighed on risk appetite.

GBP/USD pulled away from 1.5598, the pair's highest since September 21, to hit 1.5541 during early European trade, slipping 0.14%.

Cable was likely to find support at 1.5431, Monday's low and resistance at 1.5746, the high of September 21.

Market sentiment was supported earlier by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Euro Zone Private Loans (y/y) 2.6% Vs. 2.5% Expected.

Posted: 27 Sep 2011 01:02 AM PDT

… [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USD/CAD Testing 38.2% On 15 Minute Chart

Posted: 27 Sep 2011 01:00 AM PDT

We've seen the USD mildly firmer against all of the major currencies in recent trade. Currently the USD/CAD in testing the 38.2% on the move from yesterday's high of 1.03682 to today's low of 1.02244 with the 100 and 200 hour moving averages coming just slightly higher. In the case of continued dollar strength we look to 1.02963, but a pull-off may see has lower towards … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Almost Unchanged As E.Z. Debt Fears Persist

Posted: 27 Sep 2011 12:51 AM PDT

Forexpros – The U.S. dollar was almost unchanged against the yen on Tuesday, as investors remained concerned over the ongoing debt crisis in the euro zone, supporting safe haven demand.

USD/JPY hit 76.55 during early European trade, the daily high; the pair subsequently consolidated at 76.36, edging up 0.03%.

The pair was likely to find support at 76.94, the record low of August 18 and resistance at 76.96, the high of September 22.

Market sentiment was supported by speculation that euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Rebound From 3-day Rout On Bargain-buying

Posted: 27 Sep 2011 12:35 AM PDT

Forexpros – Gold futures regained strength on Tuesday, as the biggest three-day drop since the 2008 financial crisis created buying opportunities for investors, while silver futures also posted strong gains.

On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,654.95 a troy ounce during late Asian trade, surging 3.91%, on track for its biggest one-day gain since March 2009.

It earlier rose as much as 4.15% to trade at a daily high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – NZD/USD Rises To 2-day High On EFSF Hopes

Posted: 27 Sep 2011 12:20 AM PDT

Forexpros – The New Zealand dollar rose to a two-day high against its U.S. counterpart on Tuesday, as speculation that euro zone leaders are considering ways to enhance the European Financial Stability Facility boosted risk sentiment.

NZD/USD hit 0.7887 during late Asian trade, the pair’s highest since September 23; the pair subsequently consolidated at 0.7860, rising 0.77%.

The pair was likely to find support at 0.7723, the low of September 23 and resistance at 0.8011, the high of May … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EUR/USD Testing Resistance @ 38.2% On Hourly

Posted: 27 Sep 2011 12:18 AM PDT

The pair has not been able to close above 1.35449 since last Thursday with the 38.2% on the move from Thursday's high to yesterday's low coming in at this level. A bullish trend line has also began to form over the past 24 hours. If the upward trend line continues, and we can close above this level, the next upward target is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Testimonial, The Next Level In Technical Analysis

Posted: 27 Sep 2011 12:12 AM PDT

A member post his kind words about our site at Investimonials.com

In the realm of Technical Analysis of Markets, this is where the rubber

meets the road

All the books, newsletters, seminars, webinars, courses etc. you have

invested countless time and money into now pays off as

all of that should have you prepared to intuitively see the power of the

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Watch the free videos from the home page – click on Charts / Video.

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Forex – AUD/USD Hits 3-day High On E.Z. Bailout Reports

Posted: 27 Sep 2011 12:04 AM PDT

Forexpros – The Australian dollar hit a three-day high against its U.S. counterpart on Tuesday, as reports on a plan to enhance euro zone bailout funds boosted risk sentiment.

AUD/USD hit 0.9905 during late Asian trade, the pair’s highest since September 22; the pair subsequently consolidated at 0.9866, climbing 0.33%.

The pair was likely to find support at 0.9690, the low of September 22 and resistance at 1.0069, the high of March 21.

Market sentiment strengthened on reports that euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Robbins World Champion Trader Is A Wyckoff 2.0 Trader

Posted: 27 Sep 2011 12:01 AM PDT

We dont know if Chuck Hughes has even heard of Richard Wyckoff, but what we can say is that from what we have seen online Chuck Hughes is an outstanding Wyckoff 2.0 trader whether he knows it or not.

For someone who had to learn discipline upon entering the Air Force as a young man, Charles Hughes has fully embraced this skill to earn significant profits in the stock market.

Chuck Hughes, 59 of Moorestown, N.J., is now a seven-time winner of the (real money, stocks only, 4 month period) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Asia Stocks Rally On EU Debt Plan Hopes; Nikkei Jumps 2.8%

Posted: 26 Sep 2011 11:49 PM PDT

Forexpros – Asian stock markets rallied on Tuesday, boosted by strong overnight gains on Wall Street made on the back of hopes that euro zone policy makers will act to support the region's struggling economy.

During late Asian trade, Hong Kong’s Hang Seng Index jumped 2.6%, Australia's ASX/200 Index surged 3.55%, while Japan's Nikkei 225 Index rallied 2.82%.

Market sentiment was boosted amid speculation that the European Central Bank may ease monetary policy to help the euro zone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Edges Up On EFSF Expansion Hopes

Posted: 26 Sep 2011 11:37 PM PDT

Forexpros – The euro edged higher against the U.S. dollar on Tuesday, boosted by speculation that European Union leaders are examining ways to beef up the region's bailout fund, the European Financial Stability Facility.

EUR/USD hit 1.3566 during late Asian trade, the pair's highest since Friday; the pair subsequently consolidated at 1.3549, easing up 0.11%.

The pair was likely to find support at 1.3361, Monday's low and an eight-month low and resistance at 1.3693, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Swiss UBS Consumption Indicator Declines In August

Posted: 26 Sep 2011 11:20 PM PDT

Forexpros – Switzerland’s UBS consumption indicator declined in August, dropping by the most in nine years, data showed on Tuesday.

In a report, Swiss bank UBS said its consumption indicator fell by 0.49 points to 0.79 in August from 1.28 in July, whose figure was revised down from 1.29.

At its current level of 0.79, the UBS consumption indicator is only marginally higher than during the previous two recessions in 2002/03 and 2008/09.

The UBS consumption indicator is calculated from five … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


German Gfk Consumer Climate Remains Unchanged Unexpectedly

Posted: 26 Sep 2011 11:10 PM PDT

Forexpros – Germany's Gfk consumer climate remained unchanged unexpectedly last month, data showed on Tuesday.

In a report, research group Gfk said that its index of Germany's consumer climate remained unchanged at 5.2, from 5.2 in the preceding month.

Analysts had expected Gfk consumer climate to fall to 5.1 last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: DENTSPLY International (XRAY)

Posted: 26 Sep 2011 11:05 PM PDT

We upgrade our recommendation on DENTSPLY International (NASDAQ:XRAY) to Outperform based on our improved visibility on the stock. Its second-quarter fiscal 2011 revenues and earnings topped the Zacks Consensus Estimates. Revenues and profit were boosted by internal growth and a foreign exchange tailwind.
The company beefed up its earnings guidance for fiscal 2011 based on a stable-to-improving market conditions. DENTSPLY should benefit from the gradual recovery in the global dental market. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Citi Trends, Inc. (CTRN)

Posted: 26 Sep 2011 11:05 PM PDT

Citi Trends, Inc. (NASDAQ:CTRN) falling comparable store sales, coupled with rising input costs and operating expenses battered the second-quarter 2011 results. The company witnessed a quarterly loss of $0.69 per share that broadened 17 folds from the prior-period loss of $0.04. The Zacks Consensus Estimate for the quarter was a loss of $0.64 per share.
Further, due to uncertainty hovering around sales given the global economic unrest, the company rolled back its earnings guidance range of $1.25 to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: American Water Works Company, Inc.

Posted: 26 Sep 2011 11:05 PM PDT

 
AMER WATER WORK (AWK): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: MasTec Inc.

Posted: 26 Sep 2011 11:05 PM PDT

 
MASTEC INC (MTZ): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 26 Sep 2011 10:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.

EUR/USD was trading at 1.3549, up 0.11% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3590, Thursday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8690 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 26 Sep 2011 10:25 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.

GBP/USD was trading at 1.5578, up 0.08% at time of writing.

The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5594, today's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8687 and GBP/JPY rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Compelling Values In Gold, Silver And Miners After Correction

Posted: 26 Sep 2011 10:15 PM PDT

The boards have been awash in a sea of red for precious metal investors.  After Operation Twist many forget the underlying reasons why the U.S. dollar (UUP) is rallying.  A few weeks ago we highlighted that Japan(FXY) and Switzerland(FXF) fired a shot heard around the world in an attempt to remain competitive in the global marketplace.  The rapid rise of the yen, a traditional safe haven currency, threatens Japan's economic survival in an increasingly competitive world … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/CHF Up In Asian Trading Hours

Posted: 26 Sep 2011 09:55 PM PDT

Forexpros – The Euro was higher against the Swiss Franc on Tuesday.

EUR/CHF was trading at 1.2216, up 0.11% at time of writing.

The pair was likely to find support at 1.2153, Monday's low, and resistance at 1.2344, Thursday's high.

Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3524 and EUR/JPY falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CHF Up During Asian Trade

Posted: 26 Sep 2011 09:25 PM PDT

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday.

USD/CHF was trading at 0.9034, up 0.21% at time of writing.

The pair was likely to find support at 0.8994, Thursday's low, and resistance at 0.9183, Thursday's high.

Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.3523 and USD/JPY falling 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/GBP Down During The Asian Session

Posted: 26 Sep 2011 09:00 PM PDT

Forexpros – The Euro was lower against the British Pound on Tuesday.

EUR/GBP was trading at 0.8688, down 0.07% at time of writing.

The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8793, Friday's high.

Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.3530 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDSGD Hits 38.2%

Posted: 26 Sep 2011 07:47 PM PDT

Referring to our prior USDSGD chart (http://forex.fxdd.com/126082/forex-trading/usdsgd-probes-50-retracement-level), we now see the the pair moving lower on the back of stronger equities and better bid risk products. Currently residing on the 38.2% retracement, it will be interesting to see if the recent USD bid continues and the pair finds support … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/Hkd Downward Channel 30 Mins

Posted: 26 Sep 2011 07:37 PM PDT

Here we see the usd/hkd in a downward channel trying to test the support. If the support holds it might be a good level to go long with a good risk and reward ratio to support this trade with targets close to the topside of this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/Hkd Stuck In A Daily Wedge

Posted: 26 Sep 2011 07:23 PM PDT

We see here Usd/Hkd stuck in the middle of this daily wedge and not showing any signs right now on which direction it will test. The Usd/Hkd will probably stay in a range for awhile until we see a break out on one of these trend … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Obama’s Intrade Odds Fall To Record Low Of 47.5%

Posted: 26 Sep 2011 07:05 PM PDT

Odds for Obama to be re-elected on Intrade fell to 47.5% today, the lowest odds in the history of the contract (see chart). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


European Stocks Rally On EFSF Hopes; DAX Surges 3.3%

Posted: 26 Sep 2011 04:02 PM PDT

By ForexMansion.com
Forexpros – European stock markets rallied on Tuesday, as hopes that euro zone policy makers will act to support the region's struggling economy helped lift sentiment, boosting shares in the financial sector.
During European morning trade, the EURO STOXX 50 rallied 3.1%, France's CAC 40 climbed 2.9%, while Germany's DAX 30 jumped 3.3%.
Market sentiment was supported by speculation that euro zone leaders are considering ways to beef up the euro zone's bailout fund, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil Futures Hit 3-day High On Hopes For EU Debt Plan

Posted: 26 Sep 2011 03:02 PM PDT

By ForexMansion.com
Forexpros – Crude oil futures were up for a second day on Tuesday, climbing to a three-day high on hopes that euro zone policy makers will act to support the region's struggling economy and provide a solution to the ongoing debt crisis in the single currency bloc.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at USD82.53 a barrel during European morning trade, rallying 2.85%.
It earlier fell as much as 2.93% to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Higher Vs. Rivals Amid Lingering E.Z. Concerns

Posted: 26 Sep 2011 03:02 PM PDT

By ForexMansion.com
Forexpros – The U.S. dollar was higher against most of its major counterparts on Tuesday, as market sentiment strengthened but comments by Spain's finance minister weighed on the euro.
During European morning trade, the greenback was up against the euro, with EUR/USD sliding 0.16% to hit 1.3512.
The euro dipped after Spain's finance minister Elena Salgado said plans to enlarge the euro zone's bailout fund to EUR2 trillion were not on the table.
Also Tuesday, a report … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GBP/USD Off 4-day High As Euro Zone Concerns Weigh

Posted: 26 Sep 2011 02:32 PM PDT

By ForexMansion.com
Forexpros – The pound was down against the U.S. dollar on Tuesday, retreating from a four-day high, tracking the euro lower as concerns over the ongoing debt crisis in the euro zone weighed on risk appetite.
GBP/USD pulled away from 1.5598, the pair's highest since September 21, to hit 1.5541 during early European trade, slipping 0.14%.
Cable was likely to find support at 1.5431, Monday's low and resistance at 1.5746, the high of September 21.
Market sentiment was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Rebound From 3-day Rout On Bargain-buying

Posted: 26 Sep 2011 02:01 PM PDT

By ForexMansion.com
Forexpros – Gold futures regained strength on Tuesday, as the biggest three-day drop since the 2008 financial crisis created buying opportunities for investors, while silver futures also posted strong gains.
On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,654.95 a troy ounce during late Asian trade, surging 3.91%, on track for its biggest one-day gain since March 2009.
It earlier rose as much as 4.15% to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


USD/JPY Almost Unchanged As E.Z. Debt Fears Persist

Posted: 26 Sep 2011 02:01 PM PDT

By ForexMansion.com
Forexpros – The U.S. dollar was almost unchanged against the yen on Tuesday, as investors remained concerned over the ongoing debt crisis in the euro zone, supporting safe haven demand.
USD/JPY hit 76.55 during early European trade, the daily high; the pair subsequently consolidated at 76.36, edging up 0.03%.
The pair was likely to find support at 76.94, the record low of August 18 and resistance at 76.96, the high of September 22.
Market sentiment was supported by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


NZD/USD Rises To 2-day High On EFSF Hopes

Posted: 26 Sep 2011 01:32 PM PDT

By ForexMansion.com
Forexpros – The New Zealand dollar rose to a two-day high against its U.S. counterpart on Tuesday, as speculation that euro zone leaders are considering ways to enhance the European Financial Stability Facility boosted risk sentiment.
NZD/USD hit 0.7887 during late Asian trade, the pair's highest since September 23; the pair subsequently consolidated at 0.7860, rising 0.77%.
The pair was likely to find support at 0.7723, the low of September 23 and resistance at 0.8011, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


AUD/USD Hits 3-day High On E.Z. Bailout Reports

Posted: 26 Sep 2011 01:32 PM PDT

By ForexMansion.com
Forexpros – The Australian dollar hit a three-day high against its U.S. counterpart on Tuesday, as reports on a plan to enhance euro zone bailout funds boosted risk sentiment.
AUD/USD hit 0.9905 during late Asian trade, the pair's highest since September 22; the pair subsequently consolidated at 0.9866, climbing 0.33%.
The pair was likely to find support at 0.9690, the low of September 22 and resistance at 1.0069, the high of March 21.
Market sentiment strengthened on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Asia Stocks Rally On EU Debt Plan Hopes; Nikkei Jumps 2.8%

Posted: 26 Sep 2011 01:01 PM PDT

By ForexMansion.com
Forexpros – Asian stock markets rallied on Tuesday, boosted by strong overnight gains on Wall Street made on the back of hopes that euro zone policy makers will act to support the region's struggling economy.
During late Asian trade, Hong Kong's Hang Seng Index jumped 2.6%, Australia's ASX/200 Index surged 3.55%, while Japan's Nikkei 225 Index rallied 2.82%.
Market sentiment was boosted amid speculation that the European Central Bank may ease monetary policy to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/USD Edges Up On EFSF Expansion Hopes

Posted: 26 Sep 2011 01:01 PM PDT

By ForexMansion.com
Forexpros – The euro edged higher against the U.S. dollar on Tuesday, boosted by speculation that European Union leaders are examining ways to beef up the region's bailout fund, the European Financial Stability Facility.
EUR/USD hit 1.3566 during late Asian trade, the pair's highest since Friday; the pair subsequently consolidated at 1.3549, easing up 0.11%.
The pair was likely to find support at 1.3361, Monday's low and an eight-month low and resistance at 1.3693, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Swiss UBS Consumption Indicator Declines In August

Posted: 26 Sep 2011 12:32 PM PDT

By ForexMansion.com
Forexpros – Switzerland's UBS consumption indicator declined in August, dropping by the most in nine years, data showed on Tuesday.
In a report, Swiss bank UBS said its consumption indicator fell by 0.49 points to 0.79 in August from 1.28 in July, whose figure was revised down from 1.29.
At its current level of 0.79, the UBS consumption indicator is only marginally higher than during the previous two recessions in 2002/03 and 2008/09.
The UBS consumption indicator is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


German Gfk Consumer Climate Remains Unchanged Unexpectedly

Posted: 26 Sep 2011 12:32 PM PDT

By ForexMansion.com
Forexpros – Germany's Gfk consumer climate remained unchanged unexpectedly last month, data showed on Tuesday.
In a report, research group Gfk said that its index of Germany's consumer climate remained unchanged at 5.2, from 5.2 in the preceding month.
Analysts had expected Gfk consumer climate to fall to 5.1 last month.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/USD Up During The Asian Session

Posted: 26 Sep 2011 12:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.
EUR/USD was trading at 1.3549, up 0.11% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3590, Thursday's high.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8690 and EUR/JPY rising 0.08% to hit 103.43.
Forexpros

About ForexMansion.com:

The Finance Mansion Network … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GBP/USD Up In Asian Trade

Posted: 26 Sep 2011 11:32 AM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.
GBP/USD was trading at 1.5578, up 0.08% at time of writing.
The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5594, today's high.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8687 and GBP/JPY rising 0.06% to hit 118.93.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/CHF Up In Asian Trading Hours

Posted: 26 Sep 2011 11:02 AM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the Swiss Franc on Tuesday.
EUR/CHF was trading at 1.2216, up 0.11% at time of writing.
The pair was likely to find support at 1.2153, Monday's low, and resistance at 1.2344, Thursday's high.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3524 and EUR/JPY falling 0.07% to hit 103.27.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


USD/CHF Up During Asian Trade

Posted: 26 Sep 2011 10:32 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday.
USD/CHF was trading at 0.9034, up 0.21% at time of writing.
The pair was likely to find support at 0.8994, Thursday's low, and resistance at 0.9183, Thursday's high.
Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.3523 and USD/JPY falling 0.05% to hit 76.33.
Forexpros

About ForexMansion.com:

The Finance Mansion Network … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/GBP Down During The Asian Session

Posted: 26 Sep 2011 10:02 AM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the British Pound on Tuesday.
EUR/GBP was trading at 0.8688, down 0.07% at time of writing.
The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8793, Friday's high.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.3530 and EUR/JPY falling 0.08% to hit 103.26.
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